27 C
Port Moresby
October 1, 2020
News

Luship Down But Not Out Of Business

Share the News
The partial owners of the Lutheran shipping company, the Lutheran Church has dispelled rumors that the liquidation of Lutheran Shipping has caused disunity in the Lutheran church.

A Senior Lutheran clergyman says the liquidation of the company won’t have any serious impact on the church.

On Friday, Rev. Elymas Bakung, who represented the Lutheran church, spoke words to quell the rumors, that Lutheran church will be split following the liquidation of the Lutheran Shipping Company.

 

“There are rumors that the Evangelical Lutheran Church will be parted, but this is not going to happen”, Rev. Bakung said.

 

The church council says there is a tension between those who want the church to run the shipping vessels and those who oppose the idea.

 

According to the church leaders, the church run company will recover, but not so soon.

 

The church that celebrated its 128 years of church work, says the stakeholders of the Lutheran shipping company, are working together to revive the business.

 

“The liquidation of Lutheran Shipping hasn't in any big way affect the belief of Lutheran followers…we will still fix the problem”, Rev. Bakung said.

 

A series of events, which unfolded over the past 12 months, left the Shipping Company liquidated last month.

 

The seamen, on numerous occasions conducted sit in strikes on pay issues and safety.

 

The impact of the liquidation has affected a majority of people living along Morobe’s coastlines.

 

While the company is working on repaying its loans to its creditors, amounting to about K10 million, the Lutheran church says, Lutheran shipping is down, but it isn’t, out of the business.

https://youtube.com/watch?v=Qe5yjzzOOHk%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

Related posts

ADB, Ireland Establish Fund to Boost Climate, Disaster Resilience in Pacific

EMTV Online

Engan Group Demand K1 Million Compensation

Vasinatta Yama

New Police Recruits told to Uphold Discipline

EMTV Online
error: Content is protected !!